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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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MTN delivers strong H1 growth

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MTN Group delivered strong growth, robust cash generation and increased returns in the first half of 2026. During the six months ended June 30, earnings before interest, tax, depreciation and amortisation (Ebitda), before one-off items, increased 24.4%, on a constant currency basis, and 20% on a reported basis, to R56-billion.

VUT hosted seminar to empower young women through digital technology

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On Saturday, the Vaal University of Technology (VUT) held its inaugural VUT Basetsana Seminar. Hosted by VUT Student Support Services at the Desmond Tutu Great Hall on the VUT Vandebijlpark Campus, it was aimed at empowering young women by means of innovation, technology and digital leadership. The seminar assembled some 500 young women under the theme “building a generation of digitally smart and socially responsible young women”. Thousands more participated virtually, via the institution’s official social media platforms.

UK forecasting group sees renewables providing 88% of South African electricity by 2060

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UK-based global long-term bankable power price forecaster Aurora Energy Research has released its first ever long-term prediction for the South African power market, in anticipation of the expected launch next year of the South African Wholesale Electricity Market. Aurora foresaw a profound transformation of the country’s power sector between 2027 and 2060, with demand predicted to grow at an annual rate of 1.3% over that period. Commercial and residential demand would offset stagnant ...

ECB chief Lagarde 'ready to serve' WEF, Swiss newspaper reports

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Christine Lagarde, chief of the European Central Bank, could take over the presidency of the World Economic Forum at some point in 2027, Swiss newspaper NZZ reported on Sunday. At a board meeting near Geneva this week, Lagarde was reportedly described as a "putative candidate" to lead the organisation behind the annual Davos gathering of political and business leaders. According to sources cited by the newspaper, she also said she was "ready to serve".

Johannesburg pays debt to Eskom, averting risk of power being throttled

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South Africa's biggest city Johannesburg has fully settled an overdue debt of R5.25-billion owed to State-owned power utility Eskom, the electricity department said on Friday. The settlement follows a government-led mediation process to resolve a long-running billing dispute that had threatened to see electricity supply throttled to the economic hub of Africa's biggest economy.
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